The current collapse of credit markets has left small and medium enterprises (SMEs) facing severe credit rationing. The …

The emergence of credit risks in recent years has burned the world economy leading to the onset of one of the toughest … global economic crisis. Superficiality and incompetence demonstrated by the banking system in credit risk analysis has seen … mitigation of banking risks. The paper aims to demonstrate that a new approach is needed in credit risk analysis. …

We study the effects on credit allocation and bank stability of introducing a leverage ratio requirement (LRR) on top …

This paper investigates the information in corporate credit ratings. We examine the extent to which firms' credit …. We find that credit ratings are dominated as predictors of corporate failure by a simple model based on publicly … probability to its common component (`failure beta'). Furthermore, this systematic risk measure is strongly related to credit …

. Recently, banks have extended these efforts into the field of credit risk modeling. The Basel Committee on Banking Supervision … assessments of key risk drivers. Hence the need for systems to assess credit risk. In this work, we describe the case of … successful application of VAR methodology for credit risk estimation. Executive summary is available at pp. 32. …

endogenous risks part, credit risk (in its extensive version counterparty risk) was selected. Related to this, there have been …

liquidity risk, credit risk (financial and sovereign), and interest rate expectations. Our results suggest that liquidity risk … is the main determinant of the volatility of the policy spread, but also that private bank credit risk has become more …